Nowadays many people choose to be self-employed, rather than to work for a company or organization. Why might this be the case? What could be the disadvantages of being self-employed?

In recent times, the rate of

self-employment

has increased. Individuals prefer to

work

for themselves

instead

of being employed in any organization. Reason could be the wish to do independent

work

with less hectic routine and education.

This

essay will discuss both these causes and provide the negative impacts it can be created. With the growth in technology, it is quite feasible to get the start-up ideas, get hands on some skill set or acquire an online job which doesn’t require any technical skills. One of the main reason for being interested in

self-employment

could be not having any professional degree along with less or no experience. Perhaps it is easier to find an online

work

with the proof of some certificates compared to the corporate companies which require particular degree and experience for hiring. Another reason could be the convenience of

work

timings. Self-

work

does not require any time related constraints as opposed to the companies where employee has to follow

work

ethics and rules. It has been observed in a recent survey that people opt for own

work

rather than an office job in order to make their own schedule and be their own boss.

Thus

these are some causes which intrigue a person to freelance. Despite the fact that

self-employment

is growing rapidly, it has numerous drawbacks as well.

First

one being an unsteady income. Businesses don’t

work

on fixed amount revenue or monthly salaries. The profit varies and there is always a probability of going into loss which is not the case in corporate jobs. Along with that, since there is no restriction of timings and working hours, one would spend days and nights to gain profits and being successful

thus

not having a proper routine and constant stress results in multiple health issues. One of the research

also

concluded that the majority of entrepreneurs and business person are highly affected by mental stress issues.

Therefore

, the uncertainty of money and irregular working hours are major disadvantages of

self-employment

. In sum, the culture of organizations leads to have more ratio towards self-

work

and it have pros and cons.

This

essay highlighted some of the causes prevailing in the society for

self-employment

along with its demerits.